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1305 S Virginia Dare Trail, Kill Devil Hills, NC 27948
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Largest oceanfront parcel currently available on the Outer Banks and is being sold as a Cottage Court or a Cluster Housing Project consisting of 17 four bedroom four and one-half bath houses. Both uses are now permitted uses in the Town of Kill Devil Hills. There will be 4 oceanfront cottages and 13 oceanside cottages and a 1200 sqft oceanfront pavilion for the use of all residents. All parking will be under the units. As Cluster Housing the units can be sold individually and as a Cottage Court they must be owned by a single entity. Preliminary engineering and discussions with the Town Planning indicate a 68 room suite hotel or a condominium complex consisting of 68 bedrooms can be constructed on the property as well. Rare opportunity to develop 4 adjacent oceanfront lots on a wide area of the KDH beach with no erosion and no sand tax. The property currently has 7 homes with profitable rental income until redevelopment begins This would be the first Oceanfront Cluster Home Development on the Outer Banks! Other uses include hotels, multifamily, lot coverage 55%, maximum height 50 feet and up to 0.50 floor area ratio. Digital files available for agents to email to clients, call Eddie at 252-475-0874.
  • Price:
  • $4,575,000
  • Acreage:
  • 2.75
  • Listing ID #:
  • 105256
  • Street Address:
  • 1305 S Virginia Dare Trail
  • City:
  • Kill Devil Hills
  • State:
  • North Carolina
  • Postal Code:
  • 27948
  • County:
  • Dare
  • Community:
  • Kill Devil Hills Oceanside
  • Subdivision:
  • Kill Devil Bch
  • Listing Status:
  • Active
  • View:
  • Ocean
  • Conforms To Zoning:
  • Oir
  • Federal Flood Zone:
  • Ve
  • Lot Description:
  • Beach Frontage, Common Area, Level, Water Frontage
  • Lot Square Footage:
  • 120000
  • Road Type:
  • Paved, Public
  • Community Features:
  • Ocean Access, Boardwalk To Beach, Common Area
  • Days On Market:
  • 310
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • For Sale
  • Property Taxes:
  • $22,200
  • Tax Year:
  • 2018
  • Electricity:
  • Available
  • Existing Water:
  • Municipal
  • Sewage Type:
  • Private Sewer
  • Waterfront Footage:
  • 200
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Eddie Goodrich of Village Realty Holdings
  • OUTERBANKS